Threatened With Furniture Repo, Bank Pays Debt

BofA owed Florida couple $2,500 over old lawsuit
By Tim Karan,  Newser Staff
Posted Jun 3, 2011 3:47 PM CDT

(Newser) – A Florida couple turned the tables on Bank of America when they attempted to have furniture repossessed from their local branch to satisfy a $2,500 debt. Instead of letting authorities seize property, the bank cut a check to pay off the debt stemming from a lawsuit resolved last year, reports the Fort Myers News-Press.

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Bank of America mistakenly sued the couple—who bought their house from the bank two years ago—for foreclosure. After the case was dropped, the bank ignored the creditors' repeated requests to reimburse them for legal fees. A representative for the bank says the institution isn't entirely to blame for the delay, saying, “The original request went to an outside attorney who is no longer in business." (Read more Bank of America stories.)

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